Riyadh – Mubasher: Saudi Telecom Company (stc), Almarai, and Al Rajhi Bank were chosen as the top three most influential local brands in Saudi Arabia during 2020, according to a recent survey by Ipsos. Jarir Bookstore and Etihad Etisalat Company …
Riyadh – Mubasher: The Arab Petroleum Investments Corporation (APICORP) recorded a 3% year-on-year (YoY) increase in net income to $115 million during 2020, compared with $112 million. The profit achieved was despite the fallout of the …
Riyadh – Mubasher: Moody's Investors Service affirmed the long- and short-term local and foreign currency bank deposit ratings of Saudi National Bank (SNB). It also affirmed Samba Financial Group at ‘A1/P-1’. The rating agency affirmed the …
Riyadh – Mubasher: S&P Global Ratings has affirmed Saudi Arabia’s ‘A-/A-2’ sovereign credit ratings with a stable outlook. The rating agency expects the Kingdom’s government and external net asset positions over the next two years will remain …
Cairo – Mubasher: Capital Intelligence Ratings (CI Ratings) has affirmed Banque du Caire’s credit rating at B + with a stable outlook, which is the highest credit rating given by the credit rating agency to an Egyptian bank, the Chairman and CEO …
